Plenty of news this morning, much of which has been timed to coincide with today's Telecom Exchange event, which I should be physically at when this gets posted. More later on that of course, but first some quick-takes on news from Inteliquent, Cross River, Telehouse, and IceHook.
Inteliquent (NASDAQ:IQNT, news, filings) continued its Southeast Asian push with another partnership in the region. They have announced a strategic alliance with the Philippines' Globe Telecom, extending the company's EtherCloud available endpoints deep into the archipelago. Globe Telecom gains Ethernet access to a global footprint, while Inteliquent adds more uniqueness to its coverage.
Niche metro fiber builder Cross River Fiber added another key low latency customer today. They'll be providing infrastructure and dark fiber solutions to RF Technologies in support of that company's ultra-low latency radio frequency communications services. Such wireless links are a natural complement to low latency fiber routes, offering an even lower latency route than fiber alone to most locations. And we know high speed traders can't get latency low enough to ever be completely happy.
Telehouse America and CoreSite (NYSE:COR, news, filings) are teaming up to bring Telehouse's NYIIX public internet exchange into CoreSite's 32 Avenue of the Americas facility. The arrangement brings NYIIX's footprint up to six peering locations in the city, which include Telehouse's own three locations, 60 Hudson, 111 8th Ave, and now the CoreSite facility. CoreSite is looking to expand its Open Internet Exchange Hub, improving connectivity options for its customers.
And finally, Covista Communications and IceHook systems have announced a definitive agreement for the sale of the RouteNGN call routing platform. IceHook will purchase the service, intellectual property, and trademarks associated with RouteNGN, to build upon the company's current product portfolio. In the future they hope to add advanced rate management and call-reporting capabilities to the platform. The deal will let Covista refocus its efforts on hosted telecom services, while continuing to provide services to its existing RouteNGN clients and maintaining a close relationship with IceHook going forward.
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